Gulf Air says to get 16 Boeing 787-9 Dreamliners under $4.2 bln restructured order

Gulf Air will secure 16 Boeing 787-9 Dreamliners under a restructured order worth $4.2 billion, the Bahraini carrier said in a statement on Thursday.

The 787-9s are scheduled to be delivered from the second quarter of 2018 and will replace 16 Boeing 787-8s which had been ordered previously, according to the statement which did not give details about the previous order.

Bahrain's national carrier has gone through a lengthy restructuring which aims to return the loss-making airline to profit. It reported an annual loss of 62.7 million dinars ($166.3 million) for 2014, down from a loss of 93.3 million dinars in 2013.

(Reuters)